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Central banks

  • Thursday, 17 April, 2025
    ExplainerJerome H. Powell
    Could Trump fire the Federal Reserve chair?

    Ninety-year-old precedent known as Humphrey’s Executor is crucial guardrail protecting US central bank’s independence

    Jay Powell
  • Thursday, 17 April, 2025
    Federal Reserve
    Trump ratchets up pressure on Fed chair Powell to cut rates

    US president lashes out at head of central bank, saying his ‘termination cannot come fast enough’

    Jay Powell speaks during a fireside chat at the Wilson Center in Washington
  • Thursday, 17 April, 2025
    EU economy
    ECB cuts rates to 2.25% amid Trump trade war

    Growth and inflation set to slow as central bankers prepare for tariff impact

    The exterior of the ECB building in Frankfurt
  • Thursday, 17 April, 2025
    Turkish economy
    Turkey’s central bank raises interest rate to 46%

    Unexpected move comes after US tariffs and arrest of President Recep Tayyip Erdoğan’s main political rival

    Recep Tayyip Erdoğan points upward with his right hand as he speaks
  • Thursday, 17 April, 2025
    ExplainerGlobal Economy
    Inflation and interest rates tracker: see how your country compares

    Inflationary pressures are beginning to wane. See how actions taken by your central bank affect you

  • Thursday, 17 April, 2025
    Federal Reserve
    Trump’s tariffs put Fed’s jobs and inflation goals at risk, says Powell

    US central bank chair says ‘without price stability, we cannot achieve long periods of strong labour market conditions’

    Jay Powell speaks at a press conference behind a podium with the Federal Reserve emblem, gesturing with his hands. American flags and Federal Reserve banners are in the background.
  • Wednesday, 16 April, 2025
    Bank of Canada
    Bank of Canada holds policy rate at 2.75%

    Decision comes as country faces economic uncertainty from US trade war

    Tiff Macklem
  • Saturday, 12 April, 2025
    Argentina
    Argentina secures $20bn IMF deal by relaxing currency controls

    Fund to give unusually large upfront transfer to libertarian President Javier Milei

    IMF sign at its headquarters
  • Friday, 11 April, 2025
    On Wall StreetBrendan Greeley
    The dollar system has always been vulnerable to presidential whim

    But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

    (L-R) Jay Powell, chair of the US Federal Reserve, and Mark Carney, then governor of the Bank of England in August 2019, during the Jackson Hole economic symposium in Wyoming, US
  • Friday, 11 April, 2025
    Federal Reserve
    Fed ‘absolutely’ ready to help stabilise market if needed

    US central bank prepared to act with ‘various tools’, Susan Collins says

    Susan Collins, president of the Boston Fed
  • Friday, 11 April, 2025
    US Treasury bonds
    The optimal way to bail out breaking Treasury basis trades

    A new Fed facility?

  • Thursday, 10 April, 2025
    Renminbi
    Chinese renminbi hits 18-year low as it becomes trade war flashpoint

    PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions

    Bundles of Chinese one hundred renminbi and US one hundred dollar banknotes are neatly arranged in alternating rows
  • Thursday, 10 April, 2025
    Gilts
    Bank of England drops sale of long-dated bonds amid market turmoil

    Sell-off in 10- and 30-year gilts prompts central bank’s decision to sell only shorter maturity bonds in April 14 auction

    Flowers growing outside the Bank of England in London
  • Wednesday, 9 April, 2025
    Global Economy
    Top ECB policymaker warns ‘worst-case scenarios’ are materialising

    Bank of Spain governor says global investors may reassess role of US dollar as haven currency

    José Luis Escrivá
  • Tuesday, 8 April, 2025
    Global Economy
    Avoiding Kindleberger’s Trap

    Why doubts over the Fed’s dollar swap lines are such a big deal

  • Tuesday, 8 April, 2025
    Renminbi
    China offers first hint of devaluation with weak renminbi fix

    Beijing permits exchange rate to drop below long-defended level

  • Tuesday, 8 April, 2025
    US economy
    Powell’s tariff dilemma: defend the economy or contain inflation

    Donald Trump’s trade war has put the Federal Reserve in an awkward spot

    A montage showing Jay Powell and a stock trader in front of a blue background with the New York Stock Exchange building and a line chart
  • Tuesday, 8 April, 2025
    Markets InsightAditi Sahasrabuddhe
    Will the Fed continue to assume its global responsibilities?

    Historically, the US central bank’s swap lines have helped to restore financial stability in times of crisis

    The Federal Reserve building in Washington
  • Monday, 7 April, 2025
    EU economy
    ECB expected to cut rates in April and June as tariffs threaten recession

    Growing concern about growth and deflationary pressure predicted to force central bankers’ hands in Eurozone and UK

    People cross a street in front of the headquarters building of the European Central Bank in Frankfurt
  • Monday, 7 April, 2025
    Financial Stability Board
    Andrew Bailey given top financial stability role as tariffs create turmoil

    Bank of England governor set to serve three-year term at Financial Stability Board from July

    Bank of England governor Andrew Bailey at a news conference at the central bank in London, England in November 2024
  • Monday, 7 April, 2025
    UK quantitative easing
    Where the Bank of England’s QE programme went wrong

    And what can still be done about it

  • Tuesday, 1 April, 2025
    Chris Giles on Central Banks
    The unmistakable whiff of stagflation on the eve of tariff day Premium content

    While US economic pain is mostly visible in soft data, that is still a problem for the Federal Reserve

    A billboard displays a message reading ‘tariffs are a tax on your grocery bill’ in Miramar, Florida
  • Tuesday, 1 April, 2025
    Eurozone inflation
    Eurozone inflation falls for second consecutive month to 2.2%

    March figure comes as ECB rate-setters consider whether to slow pace of interest rate cuts

    EU flags are displayed on flagpoles in front of the European Central Bank headquarters in Frankfurt, Germany
  • Monday, 31 March, 2025
    UK banks
    BoE plans to raise deposit guarantee from £85,000 to £110,000

    Increase in protection designed to give confidence to UK depositors and to account for inflation

    Exterior of the Bank of England in London
  • Friday, 28 March, 2025
    Turkish economy
    Foreign investors wary of Turkey despite $25bn lira intervention

    Traders fear Erdoğan could fire central bank governor and finance minister who have helped stabilise country’s markets

    A street vendor pushes his wheelbarrow as he passes by people sitting on the shore of Golden Horn in Istanbul
Previous page You are on page 1 Next page

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